Costco tops estimates in December

Issaquah, Wash. - Costco Wholesale Club’s same-store sales rose 3% in December, beating analysts' estimates of a 1.8% gain. The metric climbed 5% in the U.S. and inched up 1% overseas for the five weeks ended Jan. 5.



Total monthly revenue increased 6% to $11.53 billion.



For the 18-week period, same-store sales were up 3%. In the U.S. the metric rose 4% and 1% internationally.